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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Current Assets:    
Cash and Cash Equivalents $ 458.6 $ 574.0
Trade Receivables, Less Allowances of $32.3 million and $30.3 million in 2024 and 2023, Respectively 855.8 921.6
Inventories 1,324.5 1,274.2
Prepaid Expenses and Other Current Assets 285.4 245.6
Assets Held for Sale 31.2 368.6
Total Current Assets 2,955.5 3,384.0
Net Property, Plant and Equipment 961.9 1,041.2
Operating Lease Assets 153.3 172.8
Goodwill 6,557.3 6,553.1
Intangible Assets, Net of Amortization 3,824.5 4,083.4
Deferred Income Tax Benefits 37.0 33.8
Other Noncurrent Assets 69.5 69.0
Noncurrent Assets Held for Sale 0.0 94.1
Total Assets 14,559.0 15,431.4
Current Liabilities:    
Accounts Payable 553.2 549.4
Dividends Payable 23.2 23.2
Accrued Compensation and Employee Benefits 177.8 198.7
Accrued Interest 90.8 85.1
Other Accrued Expenses 318.0 325.2
Current Operating Lease Liabilities 37.1 37.2
Current Maturities of Long-Term Debt 4.7 3.9
Liabilities Held for Sale 3.8 103.7
Total Current Liabilities 1,208.6 1,326.4
Long-Term Debt 5,654.6 6,377.0
Deferred Income Taxes 907.3 1,012.7
Pension and Other Post Retirement Benefits 109.2 120.4
Noncurrent Operating Lease Liabilities 122.6 132.2
Other Noncurrent Liabilities 70.9 77.2
Noncurrent Liabilities Held for Sale 0.0 20.4
Regal Rexnord Corporation Shareholders' Equity:    
Common Stock, $0.01 par value, 150.0 million Shares Authorized, 66.2 million and 66.3 million Shares Issued and Outstanding for 2024 and 2023, Respectively 0.7 0.7
Additional Paid-In Capital 4,652.0 4,646.2
Retained Earnings 2,026.5 1,979.8
Accumulated Other Comprehensive Loss (206.1) (282.4)
Total Regal Rexnord Corporation Shareholders' Equity 6,473.1 6,344.3
Noncontrolling Interests 12.7 20.8
Total Equity 6,485.8 6,365.1
Total Liabilities and Equity $ 14,559.0 $ 15,431.4